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and are not participating anymore. dennis: how is it that a person decides and not even going to look for work and yet they can still eat. obviously these must be secondary jobs. a 2-income household. >> unnecessarily. hopefully it would be, but it is not necessarily so. they are essentially young people at the beginning of their life cycle who have decided to go back to school. student loans are growing at a rapid pace simply because and people cannot find work stuff, so they go back to school and get that message degree that would get the mcjob. and older people are running those down so that there prematurely running down their retirement assets. when they're 65 they have to rely on social security. the participation rate among the elderly, people over 65, when you're older than me, that is rising. more seniors are going back to work because they don't have the assets they need in this lousy economy. hopefully this boom will help give them a break. there is still the zero interest-rate. dennis: just to explain to the people, the reason the unemployment rate goes down which is a good thing, when the
around here. welcome, then this field. dennis: sam stovall for bulls and bears alike. what that signals for the market. melissa: kevin brady joins us with his warning on america's growing debt problem. dennis: president obama black on capitol hill for the third straight day. after rounds of discussions, are we anywhere closer to a budget deal? will dobbs has that story. melissa: carnival having yet another problem with one of its ships. dennis: time for stocks now as we do every 15 minutes. our own nicole petallides is standing by. nicole: we are really seeing another wedding day here on wall street. we got good economic numbers. many of these people are surprised. to see up arrows again and had the eighth consecutive record all-time close for the dow. we are up about 62 points right now. not too far off from our session and all-time highs. some of the names that are helping the dial along our hewlett-packard, chevron and ibm. this is a five-year chart. you can see we are up about 120% off the lows for the dow jones industrials. obviously, now at 14500, much better than 6500. back to yo
throughout the day from california. the business covers with dennis kneale and cheryl casone. they are looking at the gambling business. they will be taking investment questions in this area. go to, send in questions via twitter. the app fox business account. you can do that right now, if you would like. dagen: samsung meantime debuting its newest smart phone, the samsung galaxy s4. connell: shibani joshi got a chance to take a look at it. we talked yesterday about whether or not this is an iphone killer. shibani: i think this can work. the geeks out there, thh phone geeks, just like myself, they were excited about this unveiling. they showcased the brand new smart phone that everybody wanted to see. the samsung galaxy s4. part tablet, part phone. it is now eyes that do the moving. this phone, across the board, being called heavier, dancer, just a clunkier iphone. not too impressed. is this the iphone killer? >> we try to make sure that we do not characterize our device with competitors. we are trying to demonstrate the very unique features of it. shibani: the phone is availa
it is going back to how they handled the letterman leno changeover. it is not even the same management. dennis: the son of a legendary broadcaster. steve burt has a real problem on his hands. the today show is a half a billion dollar a year business. you have this with devastating cover story in new york magazine . it reports that lower himself may go over and pervasive alec trebek. and curry got blamed for this. you have to see what they will do to fix the problems. dagen: i can't wait to see how many bodies end up under that bus. dennis: can not survive? dagen: i do not know. dennis: likability is the single most important currency in early morning. dagen: thank you. dennis kneale. going back to nicole petallides at the new york stock exchange with blackberry. a surprise today. a good one, in fact. nicole: blackberry and five below. here is a look at blackberry. the sales that they have been seeing -- they have that million unit order. you see the stock with an up arrow. let's take a look at philadelphia five below. it is a discount store. very favorable with the teams. margin edge downward.
software. so there's those stocks today. symantec is up, check point is down. next week, dennis kneale will be talking. dagen: stocks now and sandra is looking at food stocks. new all-time highs. >> yeah. on a down day for the markets, food stocks considered a safe haven by many investors. they continue to get a lot of attention. hershey and hormel hitting all-time highs in today's session. con ag ra hitting a 15-year high. they're outperforming the 6% gain of the broader stock market as the measure by the s&p 500. but guys, this is investors buying stocks, names that they know. hershey the name band -- candy bar. investors really flocking to the names they're comfortable with and that they know right now. while you're seeing those green arrows, broader stock market in the red. take note we're well off session lows and in fact, the nasdaq looking like it might kick into positive territory, just down about .2% right now. so continue to watch that. back to you. dagen: thank you. connell: as if washington doesn't have enough on its plate, a winter storm being dubbed the snow quester. dag
and florida that still have a chance in it. final four coverage, this is interesting, dennis is here. final four coverage could be moving off of network to cable. dennis: under the 16-year contract that cbs shares for march madness with turner, time warner's turner outlooks, it's going to move to cable some year and the final four could move over to tbs or tnt next year and thereafter, alternate every other year for cbs. you know, the last big thing the networks have to claim is those huge exclusive one time live events where millions of eye balls tuning in and now they're starting to lose even that. the college football championship series moved over to cable in about 2010, 2011. dagen: how did the ratings change? could they hang on to all viewers they had? dennis: they're getting up there with fox 27 to 30 million range since it moved to espn so cable can bring in just as many as a big broadcast network and cable, you'll remember, has two revenue streams. advertising and it has cable subscriber fees and more systems are charging extra for sports because espn is the most expensive network
: dennis rodman's visit nothing to laugh at now. snow meantime in the midwest with a drought stricken state fair. more ahead. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. >> 23 minutes past the hour, this is your fox news minute. an italian court has sentenced former prime minister to a year in jail for his role in a wiretap scandal. in 2005 in newspaper legally published transcripts of wiretap conversations. he is expected to appeal it will not face jail time during the appeal process. at the vatican, they've received a briefing on the catholic church finances but after four days of meetings the cardinals
. dennis: why not take a snow day? much of washington shut down by snow, though the house will vote on extending the budget this hour. but then it will quickly leave for the rest of the week. cheryl: and counter attacking against the cyber threat. our week long series continuing with the c.e.o. of a company with counter attacks against businesses. but at what price? dennis: top of the hour, stocks now every 15 minutes. nicole at the new york stock exchange and the dow keeps going to new highs. >> we saw the dow above that 14,000 mark and setting those record highs only to watch it during the financial crisis drop down to 6500 so a lot of bulls out there are celebrating that not only did we break through those numbers yesterday but also are continuing this trend today with this upper momentum. the nasdaq is pulling back and the s&p 500 virtually flat sitting at 1540. we are seeing a lot of names in the green. bank stocks are doing well. i want to take a look at boston scientific. obviously a popular name in the medical field as doctors have a rare fuse malfunction in the newly implan
will the twinkie be back on the shelves? cheryl and dennis know and they have the story at the top of the next hour. take a look at some of the winners today on the nasdaq. ♪ connell: we are back on what we are loosely calling smoke watch for the next two and a half hours or so. we will be paying somewhat attention to the chapel and the chimney above it to see what type of smoke comes out. earlier today it was black smoke indicating there is no new pope to. between now and 215bm eastern time, we should see some more smoke. if we were about to get it in the next few minutes while we are still on, it most likely would be white. they will burn both of the ballots together so that we will only see the smoke rising together. if the first vote was a yes, you would see the white smoke sooner rather than later. dagen: elizabeth macdonald is here to talk about the federal aviation administration approving boeings plan to redesign the batteries in the 787 dreamliner. liz: this story is deeper than the reports are indicating. they will stress test the batteries before they will allow the planes to be put ba
's awesome. >> dennis rodman's basketball diplomacy. dan rather, is this really what the world needs. >>> and white house revelations. the bush 41 crying. >>> the look inside the controversial church, picketing church's funerals. >>> what one woman saw before they threw her out. this is "piers morgan tonight." >>> there are stranger things in dennis rodman's mission to north korea. well, i assume there are stranger things. i just can't offhand think of them. he told george stephanopoulos about his new best friend, kim jong-un. >> i don't condone what he does. as far as person to person, he's my friend. as far as what he does, deal with it. >> as someone who hypothetically is a murderer, who is your friend, is still a murderer. >> seriously, you know, i think that's what -- what i did, what i did, was history. was history. guess what. it's like we do over here in america, right? >> what i did was history. well, it's hardly a standard speak. but the fact remains dennis rodman is one of the very few americans to do any talking at all with the north koreans in the last few years. joining
. that is right. jeff flock will be flexing his lungs shouting over those traders. cheryl and dennis will also be taking your comments on our twitter feed. ♪ friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline mes take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. ♪ >> hello. we're coming up on noon eastern here on markets now. a lot of breaking news to cover during the hour. first, there was this. over 200,000 jobs added in this country. economists saying we need this every month to keep the economy on track. can we do it? >> the big crop report. farmers, listen up. we're taking your comments on our twitter feed. cheryl: comments already coming in from all of you, and there is this. naysayers be where. those of you concerned about investing in this market will get a dose of happy madison before the next break. dennis: we graywacke -- wrapup this week's cyber threat series. will we see a major cyber attacks? when will that happen
highs in more than a dozen years. cheryl and dennis ahead with a trader who says you have not seen nothing yet. connell: soda ban and reactions ahead from the restaurant and theater association. keep it here. "markets now" continues in justa a mokement. ♪ all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i d
the former nba star. reports that kim jong-un held a lavic dinner with dennis and they had a roasted pig and all girl orchestra that played theme songs from dallas and rocky. here's the band from earlier this year. ♪ ♪ and less interesting news, the u.s. is fully capable of defending on an attack. north korea responded with this statement. ♪ ♪ >> point taken awesome guitar player. north korea clearly loves rocky. pop culture, we send sly stallone to north korea and forget rodman, rocky. >> they love locky movies. >> you are terrible. terrible. >> is that why everybody said something mechanicly correct that that is terrible. >> i couldn't give a -- >> north korea, come on, that is threatening, like justin bieber threatening night. if you buy stuff made in north korea it snaps in three seconds. >> it is an interesting point that no one takes north korean's threats seriously because they seem they are inept. >> if someone said we are going to nuke you and blow you up no matter what. shouldn't our administration say. >> no you are not. >> we are going to wag the finger. >> it is like
shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. dennis: together again and they said it wouldn't last. cheryl: it is noon eastern time on markets. here's a question for you k. it happen here? cyprus banks remain closed. $13 billion bailout is moving forward at a big cost for deposito depositors. dennis: and buick's brass will talk about the new rollouts at the new york city auto show. cheryl: up, up and away. the home price index seeing the biggest jump in seven years. is it time to believe in this housing recovery? dennis: and former ambassador to the u.n., bill richardson on the cyber threat. are sanctions against china a necessity? we have stocks every 15 minutes. nicole at the floor of the new york stock exchange where the dow is feeling good. >> it is feeling good. you know, i was looking to see at our all-time intra day highs and that was 14,563 and we had gotten close to that. we were within 10 points of that. s&p 500 was within a few points of breaking through its closing highs so you are seeing up we've gotten in economic news to
is limitless. dennis: we're at rally mode and that make me happy. cheryl: good news from china today. it has the balloons and confetti raining down on wall street. it hits the all-time high and then blows right through it and the bulls are still running. dennis: we waited almost 5 1/2 hours for this and we're covering all the an he wills. charles payne is here with us, sandra smith also in the studio with us and we'll begin with nicole on the floor of the new york stock exchange. >> it has been action packed. we've seen a market moving to the all-time record highs. there's obviously skepticism, caution to this market. however, you can't deny that so many people who were hit during the financial crisis are celebrating today on the day where we're back to the levels and beyond that we were at back in 2007. right now you can see the dow jones up about 150 points. that's worth a full percentage point. you're seeing a majority of the dow components into the green. the retail stocks, bank stocks all in the green. hewlett packard is doing well today and also the best of 2013. traders as i noted, so
again. >> and the. we're going to talk about and meet the guy who put dennis rodman and kim jong-un. that would be a unique idea about marketing. >> and now a picture of the vatican. we expect smoke. yes smoke. what is that bird doing there? that bird should not be there. we expect smoke any minute now. black or white. white would signal that a new pope has been elected in the conclave. this marks the third vote of the day. fourth overall. we are monitoring it closely and when there is a puff, we're going to bring it to you and that bird is going to fly away. first to sue. >> if that was a dove, you could say that that was divine intervention. i think it is a sea gull. we have a stunner to start us out. it's coming from the housing world. that infamous low down payment mortgage? it's back. diana is back in washington. we saw this the first time around and it didn't end nicely. >> reporter: no, it didn't but the banks and the government are behind it. refinance business falls so they are looking back to that home purchase mortgage market yet again. sources telling me that they are
, dennis rodman, the basketball diplomat, is back from his trip to north korea and is delivering a message from its leader to president obama. call me. the star says kim jong-un said i don't want to do war. the u.s. government is distancing themselves from the trip, which was arranged for a documentary. >>> so, rodman got so close with kim jong-un that he's delivering messages to the u.s. like this one. >> he want obama to do one thing. call him. >> he wants a call from president obama. >> that's right. he said, if you can, dennis, i don't want to do war. i don't want to do war. >> did you say why don't you pick up the phone and call president obama? >> it's a different story because guess what? the kid's only 20 years old. 28. >> by the way, we think kim jong-un is about 30 years old, but we'll give rodman some credit for getting close at least. john avlon and fran townsend join me now. you wrote a critical essay. a lot of people were joking about how funny the two look together. >> i'm sure it's a lot of fun, a great way to see north korea, watch a basketball game, get drunk with the dic
obama making his case to the american people. i'm dennis kneale here with tracy byrnes. the president still hopeful for compromise, way to come of the smarter cuts than the sequester called for but only if republicans will agree to tax increases yet again after weeks of stoking the big crisis he now says not every american or americans won't feel at all. even strayed into gay marriage for some reason. let's go to wayne rogers one of our contributors and ask what do you think of the president's comments? >> i found the holding of fraud if you will forgive me. that may sound like a drastic word but here's a man talking about the middle class and people who sweep the floors in the white house and the people who are going to lose their jobs. meantime he takes a trip to florida costing $3 million of taxpayer money to play golf with tiger woods. the guy should start at the top. if he really believe this, and i say this to you mr. president, start right there in the white house. mayor bloomberg who runs the city of new york, the largest city of the united states takes $1 year. that is whaa h
in taxes in 30 years. how cue expect to grow the economy that way? fl and what was dennis rodman doing in north korea last week? you won't believe what he has to say about the country's brutal dictator. >>> we are all familiar with too big to fail. now more than four years after the financial crisis prominent senators are wondering whether the big banks and executives are too big to jail. >> the phrase refers to the corn by some on capitol hill that the department of justice is holding off on blinging prosecution against major financial institutions because of fears of the economic impact that the charges might have. the concerns were raised by comment that is a the department of justice's lanny brewer made on "the untouchables." >> if i bring institution a to some huge economic effect if it creates a ripple effect so counter parties and other financial institutions or other companies that had nothing do with this are affected badly it is a factor we need to know and understand. >> senators brown and grassley of ohio and iowa say that's not at all the way the department of justice shou
announcement. doctors say they have cured a 2-year-old who was born with hiv. then, dennis rodman is back from his trip to north korea. why the former nba star is trying to get kim jong-un and president obama to talk. plus, the fbi releases letters sent to whitney houston. how an admirer tried to extort money from the late singer. this is all happening right now. ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. thank you orville and wilbur... ...amelia... neil and buzz: for proving there's nowhere we can't go. but, at some point... giant leaps gave way to baby steps... and with all due respect, you're history. if you taught us anything, it's that you can't cling to the past... if you want to create the future. that's why, instead of looking behind... delta is looking beyond. pushing u.s. aviation to new heights. all 80 thousand of us. busy investing billions in the industry's boldest moves. it's biggest advances in technology. bringing our passengers the best, the most spacious fleet in the sky. and earning more awards
that hillary clinton's working relationship with the president wasn't as cozy as they claim. ambassador dennis rodman. the white house weighing in on kim jong-un's new pal. i'm wolf blitzer. europe in "the situation room." -- captions by vitac -- www.vitac.com it's the first full day, work day i should say, since the forced budget cuts went into effect. most americans probably haven't felt a thing. at least not yet. president obama's credibility though is being tested. after the various warnings he's given about the impact of those cuts. some very dire. some more cautious. our national political correspondent jim acosta's over at the white house with the latest. jim. >> reporter: wolf, president obama is insisting that americans will start feeling the pain from these forced budget cuts now going into effect. while the white house is rejecting the notion that it's engaging in any kind of hype, one cabinet secretary today had to admit that he got some of his facts wrong on some of the impacts. from the table in the cabinet room, president obama warned the consequences of those automatic budget c
'm dennis kneale with your fox business brief. eisnaugle, baby. intercontinental exchange reportedly agreeing to cap fees on soft commodity trading for five years as it tries to win governmental approval of the deal to acquire nyse euronext. according to "the wall street journal" i.c.e. may set up customer committees to advise on the new york stock exchange's soft commodity markets. those moves follow customer concerns about the planned merger between those two exchanges. >>> abg technologies posting its biggest one day drop since going public just over a year ago following news ceo jr smith has resigned. the dutch maker of anti-virus and security software says smith will stay in the position until a successor is named. >>> on the upside stocks modestly higher following a better than expected report on jobs, blue-chips hit intraday high and the dow is up 44 points. liking that. tracy: almost five years since the height of the financial crisis. americans have finally regained the $16 trillion of household wealth that we lost during that recession. that is according to the fed but do m
it is. and next, dennis rodman delivering a message from north korea to president obama. what is the message? here is a hint. >> ♪ i just met you and this is crazy ♪ ♪ but here's my number so call me maybe ♪ ♪ and all the other boys try ♪ and all the other boys try to chase me hey, it's sara. i'm going pro. i've been using crest pro-health for a week. my dentist said it was gonna help transform my mouth. [ male announcer ] go pro. for a clean that's up to four times better, try these crest pro-health products together. [ sara ] i've been using crest pro-health. so far...it feels different. [ male announcer ] crest pro-health protects not just some, but all these areas dentists check most. my mouth feels healthier. it feels cleaner. i think my dentist is gonna see the difference. [ male announcer ] go pro with crest pro-health. i don't think i'll ever go back to another product. see. barrow island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the in
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. this declaration comes a week after former nba star dennis rodman visited north korea and called kim jong-un his friend. secretary of state john kerry weighed in on rodman's diplomatic skills yesterday with nbc's andrea mitchell. >> is it helpful when someone as high profile as dennis rodman goes to pyongyang and called kim jong-un a friend a nice guy. >> dennis rodman was a great basketball player, as a diplomat he was a great basketball player. that's where we'll leave it. >> sources tell the new york times that president obama will visit capitol hill to jump start negotiations on a series of issues including a plan to deal with the deficit. those meetings follow a series of phone conversations among the rank and file with those more likely to cut a deal. among those, lindsey graham of south carolina. >> i'm very encouraged by what i see from the president in terms of substance and tone. he's calling people. this is how you solve hard problems. what i see from the president is probably the most encouraging engagement on a big issue i've seen since the early years of his presidencpresidency. >>
of those things. they are not just junk. dennis: i am not as good at wrapping up everything on time as melissa is great but i'm going to bail on you guys and get to the next one. >> okay, we will have time to go to a garage sale be one to cap off a week, tom sullivan has a few words and warnings. >> the stock market has ben bernanke to thank for it. even though the economy is still struggling. ben bernanke is an academic, which means he doesn't have real world experience, but his theory is you will send your money over to the stock market where you might be roughly 0% and then if you see a high stock market, he says he will feel better about the economy. from the gains from your stocks, it will drive the economy even higher. the only problem is that consumer spending power, it hasn't worked. there is a huge disconnect between the stock market and the economy. as long as the fed keeps artificially driving higher, investors will be happier. this will be just another bubble. dennis: be sure to watch the tom sullivan show this weekend. you can catch it at 7:00 p.m. and 10:00 p.m. on sat
perez is poised to become your next labor secretary. when we come back, jay sekulow and dennis kucinich. and there's an outrage over the bible show, and some say that the one that plays the devil in the series looks like obama. what do you say? straight ahead. we know a place where tossing and turning have given way to sleeping. where sleepless nights yield to restful sleep, and lunesta eszopiclone can help you get there, like it has for so many people before. do not take lunesta if you are allergic to anything in it. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving or engaging in other activities while asleep without remembering it the next day have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swelling occur rarely and may be fatal. side effects may include unpl
put the law on your side. >> i'm dennis kneale with your fox business brief. the bears clawing their way back on wall street today. the dow falling 25 points to end at a ten-day winning streak and eight straight days of record high closes. s&p 500 also pulling back after nearing a record high of its own. >>> the obama membership straugs reportedly eyeing north carolina democratic congressman mel watt as director of the federal housing agency. dow jones says the white house could make a final decision by next month. fha regulates two mortgage giants the government bailed out, fannie mae and freddie mac. >>> as boeing struggles to ex-if the dreamliner the chief executive just got a 20% raise and a regular lear to filing, the aircraft maker says ceo jim mcinerney's compensation jumped 20% in 2012 to $27.5 million. boeing's stock just hit an all-time high. be happy for him. have a great weekend. that's the latest from fox biz david: as you know nevada is the only state in the u.s. allowing legal prostitution in certain counties. the state makes millions in tax revenues from the bro
and saturday. >> a block, the lede. that's the first stir. back to you. is dennis defending a men nighs? he is full of them since his visit with kim. and dennis rodman sat down with a mythical creature. not sure what it is. the tatood trans yebt spent two day -- transient spent two days with kim jung-un and he is a great guy. he is a great guy. >> a great guy who puts 200,000 people in prison camps? >> guess what. it is amazing how we do the same thing here jie. we have prison camps? >> this is all politics, what. >> guess what. guess what. and madonna's ex-boyfriend brought a special message from kim for someone special here in america. >> i sat with him for two days and he asked me to give owe bay you ma -- obama to do one thing smtion. call call him. >> he wants a call from president obama? >> he said, yes, if you can, did ennis, i don't want to do war. >> i'm starting to think rodman would make a hell of a diplomat. >> i am not a diplomat. >> bummer. since rodman's visit kim jung-un has been in better spirits even whistling as this tape shows. >> that song is called vodka. where to star
for warren buffett. >>> dennis rodman with a message from north korea to president obama. details on all those stories throughout the hour, but first -- >> to washington. new today speaker of the house john boehner says he sees absolutely no path to ending the sequester which officially took effect late friday. the speaker spoke exclusively to david gregory on today's nbc "meet the press," specifically addressing president obama's role in the debate process. >> he has a plan that he's put forward that involves entitlement cuts. that involves spending cuts. that you've made a choice as have republicans to leave tax loopholes in place and you'll rather have those and live with all these -- >> david, that's just nonsense. if he had a plan, why wouldn't senate democrats go ahead and pass it? the house has acted twice over the last ten months to replace the sequester. if we're going to -- the president counted his tax hikes on january 1st. >> democrats are firing back, though. here's senate majority whip dirk durbin today. >> what we have here is a steady diet. i don't want to point fingers,
americans for justice, jay sekulow and congressman dennis kucinich. you didn't like when the black panthers were outside with the batons the polling place in philly, you didn't like that. >> that case didn't have anything to do with secretary designate perez. >> actually, it did. the issue came up with the new black panther case in which the inspector general reviewed the case and supported the accusation that there is racial hostility within the civil rights division within the doj when it comes to enforcing civil rights laws and equally when the defendant in the case is black, and the victim in the case is white, and in particular, that existed under mr. perez's civil rights division. >> no, actually the black-- the new black panther party case was resolved before mr. perez joined the justice department. >> sean: and i'm telling you what the inspector general reviewed. >> the inspector general reviewed whether or not there was conflict in that division. yes, there was. there was conflict between careerists and political appointees. >> sean: he's a radical's radical and-- >> come on, that'
to get around it. then dennis gartman is calling the situation in cyprus europe's lehman moment. coming up, he'll tell us how this will rock the global markets and where the cash will flow. that and a lot more coming up on "closing bell." (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] this is a reason to look twice. the stunning lexus es. get great values on your favorite lexus models during the command performance sales event. thi
kim the younger told his new best friend, dennis rodman, i don't want to do war? that was a couple of days ago. and he's not saying that anymore. [ male announcer ] this is george. the day building a play set begins with a surprise twinge of back pain... and a choice. take up to 4 advil in a day or 2 aleve for all day relief. [ male announcer ] that's handy. ♪ >> shepard: the tv your watching can save your life. not sure how much help this program would be but there's a 17-year-old skier who says he likes to watch survival shows on tv and that may be part of the reason he is alive today himself name is nicholas joy. here's the photo. he disappeared on sunday as a popular ski resort in maine. searchers found him safe and sound a few hours ago help said when he realized he was lost he built a small snow cave for shelter and he learned that from here inside your television box. sugar loaf general manager says nicholas extently wandered off the trail. dozens of people searched for him, including navy seals and border patrol personnel. the guy who found them was not part of the search
point. denn dennis gartman will call in later. we'll ask him about food prices, too. >>> and show me the money. how is the music industry dealing with falling album sales and traditional revenue streams. and at 11:30 cet, i think i know this guy, we'll talk to david russell to get his view on unemployment in the u.s. and how much of an impact he thinks the sequester will have. all that and more. if you want to put questions to these guests throughout the show, if you want to respond to anything you've heard so far, send in your thoughts. e-mail, who wouldwide@cnbc.com, tweet us, @cnbcwex and what not. now it's 12:30 out of the u.s. forecasts calling for an increase of 160,000 in nonfarm payrolls. it's just about what we saw in january. construction manufacturing expected to see gains. the number could be skewed because of the snowstorm that buried the east coast could have kept some workers at home. the unemployment rate expected to tick down to 7.8%. patrick buried is joining me on set now. we could maybe reverse the uptick we saw in unemployment last month. what do you expect to se
to save him. >>> plus, basketball, diplomacy, and a very odd couple. dennis rodman teaming up with north korea's leader kim jong-un. will that be a good thing? i'll speak live this hour with david stern. i'm wolf blitzer. you're in "the situation room." it's a deal few thought would ever become a reality but in just a few hour it is will. back in 2011, congress and the white house hung a sword over their heads to force them to get the nation's fiscal house in order. they set up budget cuts so severe they would force action to prevent those cuts but both sides underestimated washington's dysfunction and tonight, $85 billion will be slashed from the budgets across the board. our chief white house correspondent jessica yellin begins our coverage this hour. it's an ugly site. what's the latest, jessica? >> reporter: wolf, president obama is here and at work but he has not yet signed the order that will trigger these spending cuts. when he does, it will be low key and behind closed doors. he says it will create a ripple effect that will be felt across the economy. congressional leaders summon
's being dragged back into court today, though. >>> just call him jimmy carter? dennis rodman back from north korea and says he has a plan on how we can make peace with the guy sitting next to him there. that's the dictator kim that's the dictator kim jong un. [ dylan ] this is one way to keep your underwear clean. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. oh! there it is. thanks son. hey! [ female announcer ] charmin ultra strong has a duraclean texture that can help you get clean while still using less. and it's four times stronger versus the leading value brand. charmin ultra strong helps keep you and your underwear clean. we all go. why not enjoy the go with charmin ultra strong? [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just com
with the president, the cabinet team. what do you make of dennis rodman and of someone like dennis rodman going to north korea and satisfying the leaders kim jong un's love of basketball and does this help prop him up to have prominent americans, and there have been others, to go to north korea and show friendship with the regime? >> well, first of all, andrea, you have overstated my basketball skills, so i want to set the record straight on that. >> no. you are an athlete. we know that. >> but clearly, i thought secretary kerry put it best when he said that dennis rodman has been a great basketball player, and as a diplomat, he is a great basketball player. >> at the same time would your warning be to other americans not to show signs of friendship to this regime at a time when they are, in fact, threatening to break the armistice, the 1953 armistice with the south? it's maintained for all of these decades. >> the north has made a number of threats and taken a lot of provocative actions, which we think are condemnable and aren't getting it anywhere, and, frankly, i think the north needs to und
star dennis rodman's first foray into international politics. he's back from his trip to north korea where he met with kim jung-un. on abc's "this week" with george stephanopoulos yesterday rodman talked about his visit during which he watched an exhibition basketball game with kim. >> i stayed with him two days. the one thing he asked me, he want obama to do one thing, call him. >> he wants a call from president obama? >> that's right. he told me that. >> rodman also called kim a strong but humble man that doesn't want war with the u.s. >>> looks like president obama is trying to do a run around congressional leaders. he is reaching out to individual senators in a bid to force a compromise. taxes dividing on this one. republicans insist there will be no new taxes. democrats refuse to talk about any bargain without increased revenue. those cuts are just one of the challenges facing the president's new budget chief. sylvia burwell expected to be nominated by mr. obama today. she headed the walmart foundation which gives millions away to those in need and before that she worked in the
on the member numbers. >> jamie: i can't believe this. but former nba bad boy dennis rodman has a bizarre message to send to president obama. this is fresh off the controversial athlete's visit to -- of all place it's north korea. he met there with the north korean dictator last week. and now he says the repressive dictator and the president could bond if they only shoot hoops. that's right. he says basketball is the answer and he says the president should give kim a call. >> this is a different view. i sat with him for two days. he asked me to have obama say one thing, do one thing. call him. he wants a call from president obama. he told me that. >> jamie: like attention-getting behavior probably. but rodman is the first known american to publicly meet with kim after he took control after the death of his father, kim jong il. >> eric: now to john kerry, in egypt, wrapping up a meeting with muhammad morsi, in the first trip to the region as america's top diplomat. it comes ahead of president obama's planned visit to israel that will be the president's first as the commander in chief. he w
particular vigilance about what may be going on. >> dennis rodman visited north korea and actually spent two days with kim jong-un, as far as we know the first american to actually meet the young korean leader. and he came back and said this. >> one thing, he asked me to give obama something to say, and do one thing, he wants obama to do one thing, call him. >> he wants a call from president obama? >> that is right, he told me that, he said if you can, dennis, i don't want to do war. i don't want to do war. he said that to me. >> as you remember, going back to the campaign in 2007, 2008, you were a key adviser to the then candidate for the democratic presidential nomination. he left over the possibility, he said he is ready to talk without pre-conditions with any of these leaders around the world, including these totalitarian regimes. do you think that this dennis rodman proposal is something the president should pick up and call kim jong-un? >> i don't see the president picking up the phone and calling kim jong-un any time. but the united states has been open to a negotiated settlement, and
a bit. you look at how star struck he was with dennis rodman and the like. what is your sense if he is the guy that is pulling the strings here? >> he is not ready to be a prime time player. i don't think he has a clue about most of the things he does. he has a regent that has helped him through things. the real story of north korea is what they say it is, military first. the military basically runs the country i think he is a bit of a figurehead. they are trying to market him to a skeptical north korean public. this is a society that respects older people, not 30 somethings. in trying to market him, they are trying to portray him as a tough wartime leader. >> you dealt with his father for many years, the six-party talks. is there any sense in trying to reach out to him, to the son here, and say, you know, we would like to talk again. we would like to settle some sort of compromise. would the u.s. benefit from something like that? >> i don't think so. i think the north koreans certainly know how to get to us. we do have channels that are established. i don't think reaching out to ki
.com. well well are melissa: it's time for a little fun with "spare change." we are joined by dennis kneale and liz macdonald. first up, forbes has released its 2013 list of billionaires and i was not on it. there is a lot of new money on the list. like tory burch and dolce and gabbana. and the first place goes to someone with $72 billion. warren buffett dropped to number four with $53 billion. what the thing? were you surprised by anyone on the list? >> the top guys, you know, i love that tory burch is the second youngest billionaire, right after the woman who invented spanx. melissa: dennis, were you on the list? >> no, but it shows how the rest of the world is taking a part in wealth creation. >> a record number of >> 386 of them are across a check from one of the poorest pockets in the world. melissa: i would love to be dead last on the list. let's try to fix this microphone while we do this next one here. i would love to be behind him on the list anywhere, i'm not denigrating. and next up, losing your job over dancing. check out this video of this work are doing the harlem shake on the
. and thank you city attorney dennis and treasurer. and thank you to the desire business community. thank you for your lisp and partisanship by replacing our gross receipt tax and now we must work together to develop this transparency. we must work together on the funds that we've raised for small businesses and economic development. and we're pitting thousands of san franciscans back to work on construction projects. and we're working and providing that san francisco of admission bay and the trans bay tower can coexist with chinatown and other quiet west side neighbors. infrastructure as most of you know is near and dear to my heart. i drafted our cities first blue print to up grade our infrastructure. and in the last two years we've got funds now for the water supply to be ready for the next earthquake. in the next few weeks i'll partner together with other supervisors to get the most vulnerable buildings to be retro if i had. the rebuilding of san francisco hospital the largest bond in our history is underway on time and on budget. and just last month we broke ground on the long beach libr
this year. it's not going to happen. >> should dennis rodman offer to answer questions to the state department? [ laughter ] >> i don't think the state department -- >> i had to ask that. i just had to ask it. >> maybe they would have some interest in what he observed as he went around north korea so they know a bit more about what is going on in the country. but i would like the hear that conversation. i would love a readout from that conversation. >> they love basketball. he loves basketball. so i guess the president could fill out his nba bracket and kim jong un could fill out his nba bracket. and of course, rodman could deliver it to him. >> right. >> this is one of the most bizarre international stories i think we have seen come down the pike in a long, long time. and rodman, for him 20 go on this week and play it serious even adds to how bizarre it is. and he actually thinks that he might be some kind of an ambassador in all of this. >> exactly. he is taking this very seriously. he says just call him. okay, just call him. >> give him a call. >> and it will all be okay. he does
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